|1||Electrical energy||$243.7 M|
|2||Parts for heavy machinery||$89.41 M|
|3||Commercial vehicles||$57.24 M|
|5||Self-propelled heavy construction machinery||$46.45 M|
|6||Misc. mineral or chemical fertilizers||$34.54 M|
|7||Motor vehicle parts||$33.95 M|
|8||Fork-lifts, other trucks with lifts||$31.03 M|
|9||Fresh apples, pears||$28.51 M|
|10||Trailers and similar vehicles||$27.84 M|
|1||Petroleum gases, other gaseous hydrocarbons||$1.02 B|
|2||Potassic fertilizers||$601.29 M|
|3||Value added to a returned import||$314.67 M|
|4||Live cattle||$247.65 M|
|6||Rapeseed, colza or mustard oil||$128.36 M|
|7||Gasoline, other fuels||$126.9 M|
|8||Radioactive chemical elements and isotopes||$94.23 M|
Port of Eastport, Idaho’s trade increases 12.21 percent through August
Port of Eastport, Idaho’s trade with the world rose 12.21 percent, from $4.74 billion to $5.32 billion through the first eight months of 2019 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.
During the same time period, the nation’s total trade was $2.77 trillion, with exports at $1.1 trillion and imports at $1.67 trillion. The nation’s total trade decreased 0.32 percent compared to the same period last year. Exports fell 0.71 percent and imports fell 0.07 percent.
Port of Eastport, Idaho ranked No. 78 for total trade among the nation’s roughly 450 airports, seaports and border crossings through August of 2019.
The nation’s top five “ports” — airports, seaports and border crossings — so far this year, by value, are Port of Los Angeles; Port Laredo; Chicago O’Hare International Airport; Port of Newark and John F. Kennedy International Airport.
Through August Port of Eastport, Idaho’s top trade partners were No. 1 Canada, No. 2 Mexico, No. 3 The Netherlands, No. 4 United Kingdom and No. 5 Germany. Through the same period of the previous year, the top trade partners were held by Canada, Mexico, Germany, United Kingdom and The Netherlands, respectively.
Taking a closer look at its leading trade partners:
- Trade with No. 1 Canada rose 12.64 percent to $5.14 billion.
Exports rose 10.5 percent to $1.57 billion. Imports rose 13.61 percent to $3.57 billion.
- Trade with No. 2 Mexico rose 28.37 percent to $69.39 million.
There were no exports. Imports rose 28.37 percent to $69.39 million.
- Trade with No. 3 The Netherlands rose 59.45 percent to $54.58 million.
There were no exports. Imports rose 59.45 percent to $54.58 million.
- Trade with No. 4 United Kingdom fell 23.43 percent to $28.24 million.
There were no exports. Imports fell 23.43 percent to $28.24 million.
- Trade with No. 5 Germany fell 61.88 percent to $15.28 million.
Exports totaled $50,000. Imports fell 62.01 percent to $15.23 million.
Port of Eastport, Idaho’s top five trading partners through August accounted for 99.78 percent of its trade with the world.
Port of Eastport, Idaho had trade surpluses with zero countries and deficits with 42 through August. That compares with one surpluses and 40 deficits for the same period one year earlier. The top three surpluses through August of this year were with Cameroon, $0; Chile, $0; and Hong Kong, $0. The top three deficits through August of this year were with Canada, $1.99 billion; Mexico, $69.39 million; and The Netherlands, $54.58 million.
Through August its top exports were Electrical energy; Parts for heavy machinery; Commercial vehicles; Tractors; and Self-propelled heavy construction machinery, in that order. Those accounted for 31.26 percent of its total outbound trade. The Port’s top imports were Petroleum gases, other gaseous hydrocarbons; Potassic fertilizers; Value added to a returned import; Live cattle; and Oil, accounting for 64.73 percent of all inbound shipments.
Looking more closely at Port of Eastport, Idaho’s exports:
- Electrical energy rose 81.8 percent compared to last year to $243.7 million.
- Parts for heavy machinery rose 10.77 percent compared to last year to $89.41 million.
- Commercial vehicles rose 15.21 percent compared to last year to $57.24 million.
- Tractors rose 0.68 percent compared to last year to $55.52 million.
- Self-propelled heavy construction machinery rose 65.89 percent compared to last year to $46.45 million.
On the import side:
- Petroleum gases, other gaseous hydrocarbons rose 16.28 percent compared to last year to $1.02 billion.
- Potassic fertilizers rose 28.65 percent compared to last year to $601.29 million.
- Value added to a returned import rose 13 percent compared to last year to $314.67 million.
- Live cattle rose 26.79 percent compared to last year to $247.65 million.
- Oil rose 102.88 percent compared to last year to $241.77 million.
Last year Port of Eastport, Idaho posted total trade with the world of $7.31 billion. The Port’s deficit was $2.94 billion. At the end of the year, the port’s top five trade partners were Canada, Mexico, The Netherlands, Germany and United Kingdom. Exports totaled $2.18 billion and imports came to $5.13 billion.